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HBTC

28.32900 USD
0.164
0.58%
Last update Jun 20, 9:42 AM EDT
Pre-market
Day range
28.32900
28.32900
Previous close
28.49300
Open
28.32900
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Fortuna Hedged Bitcoin Fund
28.33
0.16
0.58%

Overview

Description

The Fortuna Hedged Bitcoin Fund is an actively managed exchange-traded fund designed to offer investors exposure to bitcoin while seeking to mitigate some of the cryptocurrency’s characteristic volatility. This fund achieves its objectives primarily by investing in bitcoin futures contracts listed on regulated exchanges, rather than holding the underlying digital asset directly. A distinctive feature of the Fortuna Hedged Bitcoin Fund is its use of options overlays, particularly through strategies such as covered calls on bitcoin futures, which help hedge against downside risk and may enhance overall returns. Additionally, the fund may allocate a portion of its assets to short-term cash securities, such as U.S. Treasuries, to further manage risk and liquidity. By focusing on risk mitigation through disciplined derivative strategies, the Fortuna Hedged Bitcoin Fund aims to provide an accessible and structured approach to cryptocurrency investing, appealing to those seeking exposure to digital assets with a more conservative risk profile.

About

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Instrument type
Common stock
Sector
Industry
Country
United States
MIC code
BATS
Pre-market

Exchange is currently open for pre-market.
Main market opens in 2 hours 15 minutes

07:14
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).